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May 10, 2013
05/13
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dagen: taxes. a huge expense. property taxes. we will talk about income taxes in particular areas. we have all of that coming up. ♪ everyone's retirement dream is different; how we get there is not. wee americans. we work. we plan. ameriprise advisors can help you like they've helped millions of others. to help you retire your way, with confidence. ♪ that's what ameriprise financial does. that's what they can do with you. let's get to work. ameriprise financial. more within reach. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. you will lose 3 sets of keys 4 cell phones 7 socks and 6 weeks of sleep but one thing you don't want to lose is any more teeth. if you wear a partial, you are almost twice as likely to lose your supporting teeth. new poligrip and polident for partials 'seal and protect' helps minimize s
dagen: taxes. a huge expense. property taxes. we will talk about income taxes in particular areas. we have all of that coming up. ♪ everyone's retirement dream is different; how we get there is not. wee americans. we work. we plan. ameriprise advisors can help you like they've helped millions of others. to help you retire your way, with confidence. ♪ that's what ameriprise financial does. that's what they can do with you. let's get to work. ameriprise financial. more within reach. all...
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Jul 25, 2013
07/13
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it was the same, tax the rich class war fare, more taxing points. he wants to talk economy and how well it's doing since he took office. some numbers, 9.5 million and that's how many people dropped out of the work force since the first four months in office and it's more than the number of jobs created on his watch. here is another one. 15 million, how many people have signed up food stamps under this president, more than twice the number of jobs on his watch. today, the president talks infrastructure. he wants more spending. and that's this afternoon in jacksonville, florida. going to get to the markets, they will open lower, is it because of the president? we'll have an answer on that one, and plus, congressman kevin brady is here, he's investigating the irs. what does he have to say about the president saying it's a phony scandal? listen to this. >> and this endless parade of distractions and political posturing and phony scandals? washington has taken its eye off the ball and i'm here to say that this needs to stop. my mantra? always go the extr
it was the same, tax the rich class war fare, more taxing points. he wants to talk economy and how well it's doing since he took office. some numbers, 9.5 million and that's how many people dropped out of the work force since the first four months in office and it's more than the number of jobs created on his watch. here is another one. 15 million, how many people have signed up food stamps under this president, more than twice the number of jobs on his watch. today, the president talks...
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stuart: those would be small incremental changes, almost face-saving changes. >> a tax is a tax and putting of the individual mandate -- charles: do you think that would be highly unlikely? putting off the individual mandate for a year? >> where you go for public opinion. it is good enough for big business why isn't it for the american people and let the president say i want to let him defend. stuart: you got to see the polls shift where polls are saying -- >> the republicans got to keep hammering that instead of saying he should negotiate with us, we think the american people deserve the same treatment as big business. stuart: there is a whole line of republicans speaking, let's go to eric cantor and down the line all of them saying negotiate, negotiate, negotiate. this is a serious issue, you got to do it. do you approve of what the republicans are saying? >> negotiate and add on right away saying the american people should be treated the same as big business. stuart: sounds like a winner to me. charles: i don't know why they didn't come up with that first. they blew it big time, that was
stuart: those would be small incremental changes, almost face-saving changes. >> a tax is a tax and putting of the individual mandate -- charles: do you think that would be highly unlikely? putting off the individual mandate for a year? >> where you go for public opinion. it is good enough for big business why isn't it for the american people and let the president say i want to let him defend. stuart: you got to see the polls shift where polls are saying -- >> the republicans...
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Jul 24, 2013
07/13
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lori: now, tax reform in particular, that is near and dear to my heart because i once was a tax accountant, but they have, congress has until july 26th. this is friday, this deadline coming up, to get any kind of thought in. >> right. lori: do you see anything coming down the pike on this? >> no. i'll tell you, tracy you look attacks reform, you look at immigration reform, the student loan deal, the farm bill and of course anything involving the budget and i see utter gridlock as far as the eye can see. dennis: the president seemed to talk about how too many people in this country don't have equal opportunity to make it and that there is unfairness. have you heard anyone else in washington pick this up? i didn't think this was a big thing holding back our economy, that we're discriminating against qualified people and are not hiring them or something? >> i think it was probably a nice applaud line on a university campus this afternoon but no, i don't hear that argument. maybe from paul krugman but i don't hear that argument getting a lot of traction right now. dennis: all right. thanks so
lori: now, tax reform in particular, that is near and dear to my heart because i once was a tax accountant, but they have, congress has until july 26th. this is friday, this deadline coming up, to get any kind of thought in. >> right. lori: do you see anything coming down the pike on this? >> no. i'll tell you, tracy you look attacks reform, you look at immigration reform, the student loan deal, the farm bill and of course anything involving the budget and i see utter gridlock as...
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Apr 22, 2013
04/13
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sales tax jurisdictions across the u.s. you will also be audited by out-of-state tax collectors. that is just wrong and unnecessary for year. speak they really want a level playing field. peter: states say this legislation could help them collect $23 billion a year in additional tax revenue. california alone could pull in an extra $4 billion a year. the fire right now is really over an exemption for small online retailers. ebay, however, is pushing for an exemption of 10 million or 50 employees. lori. lori: both sides make a vital argument. peter: this got a test vote in the senate earlier this year. it got 75 votes on a pretty bipartisan basis. this legislation faces stronger opposition in the house from anti-tax. lori: thank you, peter barnes. melissa: crying wolf. former department of transportation inspector says it is just another example of shoddy management. she joins us ahead. lori: a look at the breakdown. you do have shares in the right here. microsoft and caterpillar leading the dow. we will be back right after t
sales tax jurisdictions across the u.s. you will also be audited by out-of-state tax collectors. that is just wrong and unnecessary for year. speak they really want a level playing field. peter: states say this legislation could help them collect $23 billion a year in additional tax revenue. california alone could pull in an extra $4 billion a year. the fire right now is really over an exemption for small online retailers. ebay, however, is pushing for an exemption of 10 million or 50...
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and put in a flat tax. revenues doubled and economy started to boom. it would be like the productive work and succes. there is a lobbyist . i said many times. i don't have an allergic reaction to the flat tax especially into proposed by the god father of the flat tax with certain adjusents for lower come. we have a page tax code that is corrupted and perverted. >> by president obama you mean. >> no, no, no. >> yes, yes, it is more complex now. >> how do you assure me that the same corruption will not take place. if we go through a flat tax. >> we went through the ridiculous process to raise the tax rates. the tax code is bigger than than before. >> of course, it is it rich. there are many more pages as a result of this. wouldn't a flat tax be better? yes, i would. rick, i am surprised of the cynicism. i thought you were forward optmistic guy. why not try for a tax code that is moral and efficient and transparent and bri citizens together instead of pitting them against each other come is the case now it is
and put in a flat tax. revenues doubled and economy started to boom. it would be like the productive work and succes. there is a lobbyist . i said many times. i don't have an allergic reaction to the flat tax especially into proposed by the god father of the flat tax with certain adjusents for lower come. we have a page tax code that is corrupted and perverted. >> by president obama you mean. >> no, no, no. >> yes, yes, it is more complex now. >> how do you assure me...
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Jul 28, 2013
07/13
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tax reform sending a lot like tax hikes. the latest democratic bush to push taxes went up. first, snooping from this guy and going to your e-mail. my name is mike and i quit smoking. chantix... it's a non-nicotine pill. i didn't want nicotine to give up nicotine. [ male announcer ] along with support, chantix (vareniclineis proven to help people quit smoking. [ mike ] when i was taking the chantix, it reduced the urge to smoke. [ malennouncer ] some peop had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these, stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these, stop taking chantix and see your doctor right away as some can be life-threatening. ll your doctor if you have a history of heart or blood vessel problems, or if you develop
tax reform sending a lot like tax hikes. the latest democratic bush to push taxes went up. first, snooping from this guy and going to your e-mail. my name is mike and i quit smoking. chantix... it's a non-nicotine pill. i didn't want nicotine to give up nicotine. [ male announcer ] along with support, chantix (vareniclineis proven to help people quit smoking. [ mike ] when i was taking the chantix, it reduced the urge to smoke. [ malennouncer ] some peop had changes in behavior, thinking or...
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Jan 18, 2013
01/13
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>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pushing this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this money is invested? >> now with about the initiative another large tax increase in history now by $50 billion. but they are lying. revenue projections will not come true. the balanced budget looks good in jittery but then the revenues come of you say it is a shortfall. it could be a billion or $30 billion. we will see that happen again. john: chuck devore you moved to texas? >> the states are so similar. population, the second and third states with land mass mass, more similar than different, both last with natural resources and a coastline with ports. similar on the surface why
>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pushing this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this...
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Jul 27, 2013
07/13
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tax reform sending a lot like tax hikes. the latest democratic bush to push taxes went up. first, snooping from this guy and going to your e-mail. charles: the president is not caing it anything. the administration really does not have to determine whether the mess in egypt is a government takeover or not. we will just keep sending that country over a billion dollars in aid but. we need tout the funding. congressman, and i think we have to label something, and this seems pretty obvious that there was an overthrow the democratically elected governments. >> i think you're right. that is pretty obvious. if we have a proper size government, one living within the law on following the nstitution this argument to be irrelevant. it would be much easier to say that no one should have any foreign aid and we should not conditiont. well, we will send the money which we have been doing for 30 some years and billions and billions of dollars. this discussion about was it or wasn't it, we're missing the point. we should quit funding these nations and trying to pick the good guys versus the
tax reform sending a lot like tax hikes. the latest democratic bush to push taxes went up. first, snooping from this guy and going to your e-mail. charles: the president is not caing it anything. the administration really does not have to determine whether the mess in egypt is a government takeover or not. we will just keep sending that country over a billion dollars in aid but. we need tout the funding. congressman, and i think we have to label something, and this seems pretty obvious that...
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Jul 27, 2013
07/13
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tax reform sending a lot like tax hikes. the latest democratic bush to push taxes went up. first, snooping from ts guy and going to your e-mail. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fiy thousand dollars. congratulations you e our one millionth customer. nobody likes to miss o. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, yoneed an ally. ally bank. your money needs an ally. charles: the president inot calling it anything. the admistration really does not have to determine whether the mess in egypt is a government takeover or not. we will just keep sending that country over a billion dollars in aid but. we need to cut the funding. congressman, and i think we have to label something, and this seems pretty obvious that there was an overthrow the democratically elect governments. >> i tnk you're right. that is pretty obvious. if we have a proper size government, one living within the l
tax reform sending a lot like tax hikes. the latest democratic bush to push taxes went up. first, snooping from ts guy and going to your e-mail. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fiy thousand dollars. congratulations you e our one millionth customer. nobody likes to miss o. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think...
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Aug 10, 2013
08/13
by
FBC
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eye 63
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sales taxes. sales taxes. i find it taxin if you've got it, you kn how hard it can be to breathe and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fasacting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. st your breathingva and seek suddenly worsens,l help your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. iriva helps me breathe better. does breathing with copd weigh you down? don't wait to ask your doctor about spiriva. to fly home for the big family reunion. yo
sales taxes. sales taxes. i find it taxin if you've got it, you kn how hard it can be to breathe and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fasacting inhalers for sudden symptoms. tell your doctor if you have kidney problems,...
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so this is a big talk, the white house looking for tax revenues saying what we should do is tax muni bonds, would anybody ever buy one again of that happened? >> people invest in muniz for the tax to disability. people will go elsewhere, huge mistake. able spending like mad and looking for revenues and go for the well-heeled. gerri: $30 billion, this is something the white house just doesn't want to keep his hands off of. tell me, what would be the unintended consequences of this? >> you are not going to affect the rich, the rich will go somewhere else, but will affect the cities, the states, the municipalities. this is for sewers, hospitals, schools, airports, you name it, for the good of the public. yet they are willing to do something like this, states and cities are alrrady on their backs. i don't get where they are going with this. gerri: you say the rich will go elsewhere, but often just your average rate harry that invest in muni bonds, they will get hit here. you will have this effect of robbing money from the localities that need it most, people at or near retirement trying
so this is a big talk, the white house looking for tax revenues saying what we should do is tax muni bonds, would anybody ever buy one again of that happened? >> people invest in muniz for the tax to disability. people will go elsewhere, huge mistake. able spending like mad and looking for revenues and go for the well-heeled. gerri: $30 billion, this is something the white house just doesn't want to keep his hands off of. tell me, what would be the unintended consequences of this?...
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Feb 12, 2013
02/13
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think we're talking raising taxes again, something the speaker draw line in the san on and said taxes are not going up again. it seems the two parties at loggerheads again. >> it is not the two parties at loggerheads. the american people look to the fiscal cliff deal and said, there are no spending cuts if. they are not happy about that in poll after poll. fast if it is time to raise more taxes they say no. we have done that, so this is not a partisan divide. this is about the president being out of touch with the american people recognize which is you raise taxes $600 billion, we still have $7 trillion in the deficits of the next in years which is not a solution. it just does not add up. there has to be another approach. even his allies in congress, the democrats and the senate of very allergic to the notion that more taxes of a solution. gerri: well, pelosi, harry reid. it is amazing to me. the people have had enough of texas, especially when you drolen to obamacare. i need to get you on to a slightly different topic, executive orders. gene sperling defending the president of the us
think we're talking raising taxes again, something the speaker draw line in the san on and said taxes are not going up again. it seems the two parties at loggerheads again. >> it is not the two parties at loggerheads. the american people look to the fiscal cliff deal and said, there are no spending cuts if. they are not happy about that in poll after poll. fast if it is time to raise more taxes they say no. we have done that, so this is not a partisan divide. this is about the president...
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Jul 27, 2013
07/13
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tax reform sending a lot like tax hikes. the latest democratic bush to push taxes went up. first, snooping from this guy and going to your e-mail. [ male announcer ] the mercedes-benz mmer event is here. now get the unmistakable thrill... and the incredible rush... of theerdes-benz you've always wanted. ♪ but you better get here fast... [ girl ] yay, daddy's here. here you go, honey. thank you. [ male announcer ] because a good thing like this... phew! won'tast forever. mmm. [ malennouncer ] see your authorid dealer for an incble offer on the exhilaratin c250 sport sedan. but hurry offers end jul31st. charles: the president is not calling it anything. the administration really does not have to determine whether the mess in egypt is a government takeover or not. we will just keep sending that country over a billion dollars in aid but. we need to cut the funding. congressman, and i think we have to label something, and this seems pretty obvious that there was an overthrow the democratically elected governments. >> i think you're right. that is pretty obvious. if we have a p
tax reform sending a lot like tax hikes. the latest democratic bush to push taxes went up. first, snooping from this guy and going to your e-mail. [ male announcer ] the mercedes-benz mmer event is here. now get the unmistakable thrill... and the incredible rush... of theerdes-benz you've always wanted. ♪ but you better get here fast... [ girl ] yay, daddy's here. here you go, honey. thank you. [ male announcer ] because a good thing like this... phew! won'tast forever. mmm. [ malennouncer ]...
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Dec 31, 2013
12/13
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and also these taxes, and have a lot of loopholes and thei taxes and insurance companies have to pay and also a medical device tax on things like pacemakers. and these this add up to big money. >> they will probably have to find more ways than the moment hasn't lived up to expectations. in this is part of subsidizing them for not getting what they thought they were going to get, which is young and healthy pele to subsidize it. charles: can let is happening there come over here? it's not like president obama ever mention income inequality. >> you have more income inequality than many other nations. >> court approval for salaries above 1 million euros over the threshold. while the new york mayor elect is pushing his own taxes right here. income inequality needs to be addressed. >> they are technically not a higher rate and it is certainly carried the interest. and their art arguments and taxes and that hurts the growth of the economy not really the 1%, but some of them have much more advantageous policies. >> if you find that somewhat ironic. >> and their stom offederal tax policy as w
and also these taxes, and have a lot of loopholes and thei taxes and insurance companies have to pay and also a medical device tax on things like pacemakers. and these this add up to big money. >> they will probably have to find more ways than the moment hasn't lived up to expectations. in this is part of subsidizing them for not getting what they thought they were going to get, which is young and healthy pele to subsidize it. charles: can let is happening there come over here? it's not...
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Aug 10, 2013
08/13
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., the city tax. add that on to their rent and food and health care. how is it that a family -- neil:he food is exempt. what they're talking about is over a certain amount it might not be. >> absolutely not. california has a $407 billion debt, over $10,000 per citizen of california. the family has to make a budget and a lot to the give more money to a state that cannot manage its budget or expanding or instead. they don't have the money. that is why the sales tax is a working. if californians had the money, i'm a californian, we like to spend the money. if we don't have it we will be buying things. they will try to jab them even harder. neil: i do mind it. i'm not going to get into that. what i find odd is that far more creative coming up with ways to tax you than to just cut back on the spending. >> let's just get some proper context year. we are talking about is two years ago a bipartisan group of kind of california wise men including many business leaders came together and said we have to deal with
., the city tax. add that on to their rent and food and health care. how is it that a family -- neil:he food is exempt. what they're talking about is over a certain amount it might not be. >> absolutely not. california has a $407 billion debt, over $10,000 per citizen of california. the family has to make a budget and a lot to the give more money to a state that cannot manage its budget or expanding or instead. they don't have the money. that is why the sales tax is a working. if...
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Apr 18, 2013
04/13
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taxes and nine days for corporate income taxes and what about the deficit? he will have to work until may 9th.
taxes and nine days for corporate income taxes and what about the deficit? he will have to work until may 9th.
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Jun 27, 2013
06/13
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you need to do a tax projection to see what the benefit of being married from a tax standpoint in the benefit of not -- what is easier is everyone is treated equally. go ahead. melissa: what about past tax returns. >> i was going to get into that. because this was rul uncotitutional, immediately i the prior-year tax returns that are open bytatute, and normally that's three years from when you file a return, you rern. we recommend that you do in analysis and if you stay more than a couple of thousand it's good to go back and file amended return. the federal government will require you to file mended return. it will require you on a go forward bases to file the return. we recommend you do that. another very imptant matter is now that you hav the marital deduction for estate taxes, any ltv to couple that are married need to review the state plan because they probably need to change that a state plan. east have to have life insurance and many different financial vehicles to limit the tax penalty. that's gone. that means a lot of the plans to put in place to be revised. simplified, but rev
you need to do a tax projection to see what the benefit of being married from a tax standpoint in the benefit of not -- what is easier is everyone is treated equally. go ahead. melissa: what about past tax returns. >> i was going to get into that. because this was rul uncotitutional, immediately i the prior-year tax returns that are open bytatute, and normally that's three years from when you file a return, you rern. we recommend that you do in analysis and if you stay more than a couple...
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Jan 29, 2013
01/13
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> they have to pay back taxes, they have to learn english, they have to be able to understand and study our history, they have to get in line behind everyone else. they would be granted legal status but they get behind everyone else who has waited legally for a green card status. liz: senator john mccain defending a bipartisan bill to o give 11 million illegal immigrants in the u.s. a path to citizenship, but texas republican congressman says this plan sounds a whole lot like amnesty. you don't like this bill. why? >> this is a plan we saw several years ago with the same individuals involved, so no surprise. they favored amnesty before, and they favored amnesty now. says quite frankly it will save taxpayers billions of dollars because they will have to fit the bill going to be benefits going to these. it will cost american worker thousands of jo
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> they have to pay back taxes, they have to learn english, they have to be able to understand and study our history, they have to get in line behind everyone else. they would be granted legal status but they get behind everyone else who has waited legally for a green card status. liz: senator john mccain...
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Apr 28, 2013
04/13
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. >> coming up next, green car maker psker getting access to hundreds of millions of your tax dollars. there is word that the u.s. government may have helped to drive it in the financial hole. the sixth american arrested there. >> this is a green investment story to turn you red with anger. not only are the taxpayers on the hook for the government's investment for the car maker approximate fisker. our government's plan may have put it on the verge of. like pushing them to build cars and vice-president joe biden's state of delaware and john said this is why dc should get out of green us businesses and all businesses. >> without question. if the federal burrcrats hay clue they would be making billion necessary the private sector and venture capitolist say they are wrong. and the notion that federal burrcrats with no profit plin can do better it i laughable. its time to exit and give it back to the private sector. >> rick, the government pushed the car company while it losing $550,000 for every car they sold. >> there was no way can successfully defend the investment in fiscer. it was a
. >> coming up next, green car maker psker getting access to hundreds of millions of your tax dollars. there is word that the u.s. government may have helped to drive it in the financial hole. the sixth american arrested there. >> this is a green investment story to turn you red with anger. not only are the taxpayers on the hook for the government's investment for the car maker approximate fisker. our government's plan may have put it on the verge of. like pushing them to build cars...
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Aug 18, 2013
08/13
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they tax swimming pools with property tax. >> property tax goes up and -- >> there you go with california again, swimming pool. stooefshgs even you don't think this tax makes sense. >> i think the federal government should lead the investment in school to make sure every one has high-speed internet. i'm against using a regresses ive tax to do it. we've had a big regresses ive tax increase with payroll tax being restored to its previous level. >> don't taxes require congressional approval? >> apparently not under this administration where, you know, the emperor rules everything. you know, we get taxed whether we like it or not. that's number one point, brenda. maybe the most important. the other thing is, i do not agrewith steve. the federal government, as tracy implied, should be out of the education business. they haven't had a successful education program in the last 100 years. their banner program head start has proven to be totally ineffective. we practical double what we spend per pupil, education scores haven't risen. this is another goofy idea by the federal government that won't w
they tax swimming pools with property tax. >> property tax goes up and -- >> there you go with california again, swimming pool. stooefshgs even you don't think this tax makes sense. >> i think the federal government should lead the investment in school to make sure every one has high-speed internet. i'm against using a regresses ive tax to do it. we've had a big regresses ive tax increase with payroll tax being restored to its previous level. >> don't taxes require...
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, strange tax system that limits the deductions you have too taken a tax return. this is something that normally doesn't hit the middle class that is supposed to hit the middle class every year. tens of millions of americans, what congress does is exempts those americans at the end of every year. this makes that amt taxes is nonpermanent so permanently folks in the middle class, millions of them won't have to pay the alternative minimum tax and will have to hold their breath at the end of every year. so there is a lot in here that both parties really don't like but there is enough to get a decent mount of support as you see the vote total start to creep their way up 120 now -- 122 now. >> rich, it does seem they are learning somewhat with making these tax policies and the alternative minimum taxes when do you mentioned permit so we don't have to continue to go through these votes over and over again. that being said we are not dealing with spending cuts. that has been postponed again for another two months. we still have to deal with the debt ceiling so there is s
, strange tax system that limits the deductions you have too taken a tax return. this is something that normally doesn't hit the middle class that is supposed to hit the middle class every year. tens of millions of americans, what congress does is exempts those americans at the end of every year. this makes that amt taxes is nonpermanent so permanently folks in the middle class, millions of them won't have to pay the alternative minimum tax and will have to hold their breath at the end of every...
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taxes. tom: i lived in california a long time, i'm very familiar with prop 13, and everyone has been blaming prop train since it prop 13, it is not tax limitation that has kept seniors from being taxed out of their homes but the spending has been far more than revenues, it is a spending problem that we keep repeating in washington, they have it in sacramento. >> and aggravating the problem, it is a progressive tax system, if you earn more than $50,000, you pay 9.3% of your income in taxes, and more than a million a double down on the sim system, u pay 33%, the highest. tom: they know that people can't or won't pick up and leave. we're funny creatures, i think they knowb that about us, people don't go anywhere. >> well, that is true, however, that only to an e an extent, california has great weather, but if you can't afford it, and there are no jobs, a hundred thousand people are leaving each year. tom: and next door is nevada with a zero income tax that helps, but it does not have an ocean,
taxes. tom: i lived in california a long time, i'm very familiar with prop 13, and everyone has been blaming prop train since it prop 13, it is not tax limitation that has kept seniors from being taxed out of their homes but the spending has been far more than revenues, it is a spending problem that we keep repeating in washington, they have it in sacramento. >> and aggravating the problem, it is a progressive tax system, if you earn more than $50,000, you pay 9.3% of your income in...
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a tax to end all taxes. what a dumb democratic congressman issa cooking up that could have you coughing up. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest engy investor. our commitment has never been stronger. i as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ malennouncer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, l
a tax to end all taxes. what a dumb democratic congressman issa cooking up that could have you coughing up. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest engy investor. our...
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Dec 31, 2013
12/13
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charles: taxing the rich is not going to change it. >> i'm not a proponent of taxing the rich. i am a proponent of letting this go. >> it has sure been the year of business blunders. we have plenty more after this. to open credit cards, destying jill's credit and her dream of retirement. every ye, millions of americans jt like you learn that a little personal information in the wrong hands could wreak havoc on your li. this is identity theft. the most comprehensiveelos identityheft protection available. if jill ha lifelock's protection, e may have bn notified before it watoo late. lifelock's credit notification service is on the job 24/7. as soon as they detect a threat to your identity within their network, they will alert you,rotecting you before t damage is done. and lifelock offers the proactive protection of checking and savings account takeover alerts. lifelock's comprehensive identity theft proion guards your social security nuer, your money, your cre even the equity in your home. it doesn't mattew old you are or how much money you have. identity thieves steal from every
charles: taxing the rich is not going to change it. >> i'm not a proponent of taxing the rich. i am a proponent of letting this go. >> it has sure been the year of business blunders. we have plenty more after this. to open credit cards, destying jill's credit and her dream of retirement. every ye, millions of americans jt like you learn that a little personal information in the wrong hands could wreak havoc on your li. this is identity theft. the most comprehensiveelos identityheft...
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Jul 13, 2013
07/13
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our tax code is busted. >>. [laughter] with this we have dropped steadily over the last two -ecades. let me back up instead of government spending. charles: we were number three? >> in the mid-90s. why not turn it like ireland to get that corporate cash back here at home? time and againwith that 24 century pork barrel is the tax code because congress likes to give out favors. they think the tax legislation is progress but not. >> they'llalk about dick seeing that tax code it feels like it gets larger and more cumbersome in the start to fall down like this in the rankings. >> tax reform is a great idea eliminate the loopholes and eliminate the giveaway that may result an increasing taxes. but to liz's idea to make it into a tax haven like ireland that is a terrible id. we're not a little country like iland or zimbabwe. >> canada did it. no, no, no former satellite soviet states did it in revenues came in with economic growth. >> just one quick point and there is no guarantee atever you advocated to eliminate the
our tax code is busted. >>. [laughter] with this we have dropped steadily over the last two -ecades. let me back up instead of government spending. charles: we were number three? >> in the mid-90s. why not turn it like ireland to get that corporate cash back here at home? time and againwith that 24 century pork barrel is the tax code because congress likes to give out favors. they think the tax legislation is progress but not. >> they'llalk about dick seeing that tax code it...
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rid of the payroll tax holiday. so, raising taxes on people even 2% in some categories, maybe you get a 4 or 5% raise this year, something modest to keep uwith the cost of living. the government took half of that away from you. i'm worried that this is going to stall the economy just the way it is. >> i think so too. you have to remember, 2% they're talking about putting tax burden on, they're 25% of the spending. they are not just 2%. because they have such high income and stuff. the 1% controls 20% of the income. so ihink the economy is going to feel this. i think we're ging to be in recession the second half of this year. melissa: dennis, what do you think about that. >> that is just exactly wrong. i agreeith you, melissa. allowing the payroll tax to go up on 160 million workers in this country, 77%, from 4.2% to 6.2% was wrong and they shouldn't have done it at least not for the next year because of the economy. you notice nobody is talking about that because that only applies to people who make $110,000 and les
rid of the payroll tax holiday. so, raising taxes on people even 2% in some categories, maybe you get a 4 or 5% raise this year, something modest to keep uwith the cost of living. the government took half of that away from you. i'm worried that this is going to stall the economy just the way it is. >> i think so too. you have to remember, 2% they're talking about putting tax burden on, they're 25% of the spending. they are not just 2%. because they have such high income and stuff. the 1%...
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Jan 27, 2013
01/13
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time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no... try it, and see what your good driving can save you. you don't even have to switch. unless you're scared. i'm not scared, it's... you know we can still see you. no, you can't. pretty sure we can... try snapshot today -- no pressure. lhere we go again. >> i've always been a supporter of a appropriate responsible, fair earmarkings. >> democratic congressman want to bring back responsible earmarks and republicans led a push to stop the pet pork products several years ago . here is why. money going to research. monkeys taking cocaine. exoticants and using yoga to treat hot flashes and the so-called bridge to no where in alaska. bringing back earmarks institutionalize
time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no... try it, and see what your good driving can save you. you don't even have to switch. unless you're scared. i'm not scared, it's... you know...
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don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed entire sectors were wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and that is why you get more time. >> died nine weeks? , 99 weeks? jedi that should do it if you cannot block did you go work at mcdonald's sadek but they're not be anymore because we will raise the battle waged. [laughter] dennis: it is set to stop talking but i could be a lot of a job here soon. nice job today. what you see it? the question of that i should the government extend unemployment benefits even if that adds to of employment? log on and we will shut -- share the results at the end of the show. more examples of past government god too far? have the problems plaguy obamacare and the white house said t
don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed entire sectors were wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and...
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Apr 16, 2013
04/13
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income tax. there are sneaky taxes that most of you may not even know about that. >> we pay them all day long from the moment i wake up and turn on the light. i pay more when i brush my teeth, license my dog, my building pays property taxes and when they leave home to take the subway i paid the metropolitan commuter one negative commuter tax. i make phone calls or get a bite to eat, soda and drink drink, when a gas up my car as much as one-quarter of the price is the state and city excise taxes. people pay sales taxes all day long. so many taxes. i need a drink. i am lucky i don't smoke. this is one reason american economic growth has stalled says scott hodge predent of the tax foundation. when i think of these rules i think of safety regulations and the constant spiderweb not the tax code. we have done okay with the tax code. >> the tax code is a mess because of the 70,000 pages that dictate virtually every aspect of our lives and cost americans 6 billion hours of our time just toomply. six out
income tax. there are sneaky taxes that most of you may not even know about that. >> we pay them all day long from the moment i wake up and turn on the light. i pay more when i brush my teeth, license my dog, my building pays property taxes and when they leave home to take the subway i paid the metropolitan commuter one negative commuter tax. i make phone calls or get a bite to eat, soda and drink drink, when a gas up my car as much as one-quarter of the price is the state and city excise...
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May 11, 2013
05/13
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and all these other tax. it is the beauty of a two-party system, hopefully there will be some checks and balances. >> there are checks and balances in the congress to get rid of this. so i'm hopeful tt they will t greater reform. >> the adversarial process. >> okay, not for a while. you know, i believe that all this should, who can, bring the private sector experience. >> obviously you see what a process that is. well, you have the private sector to do his. >> it is challenging. we have michael bloomberg for 12 years, he is an amazing manager and others at how to run a city like a business and new york city got through a very difficult time. so the private sector, those of us -- >> you are seeing more than that. neil: when you do wrong, run, will you announce it first with me? >> yes. neil: okay, thank you very much. both parties instantly should make their decisions. espn, phone home. sports everywhere, all over, all neilespn in the phone business and young folks not exactly buying into this real estate busi
and all these other tax. it is the beauty of a two-party system, hopefully there will be some checks and balances. >> there are checks and balances in the congress to get rid of this. so i'm hopeful tt they will t greater reform. >> the adversarial process. >> okay, not for a while. you know, i believe that all this should, who can, bring the private sector experience. >> obviously you see what a process that is. well, you have the private sector to do his. >> it...
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the big scand is c-3 to get tax deduction for giving them money. the scandal is overtly partisan groups set up semi-awsemi-autonomous to getax deductib donations >> but the problem is -- here is the thing. sierra club does this. >> but it's both sides of the political aisle. we have have to go to 2010. the context, the president was basically claiming that foreign operatives were pouring in the noprofit sector and getting themselves involved in the u.s. election system. what do you make of that? >> i think the "wall street journal" pointed out this wasn'ter is ra tissue "se"rapticious. this was political and one-sided. ink blot it goes wider and wider and wider like waterga wateate. >> what do you make of carl levin saying to the i.r.s., you're being pssive. senator franken and others say we'll pass legislation if you don't respond the way you want. >> what i make is if that what they did -- >> there is evidence. they have letters. take it up with them. but this is not clear it went to the top. there isn't evidence tocanide it that. stop with t pro
the big scand is c-3 to get tax deduction for giving them money. the scandal is overtly partisan groups set up semi-awsemi-autonomous to getax deductib donations >> but the problem is -- here is the thing. sierra club does this. >> but it's both sides of the political aisle. we have have to go to 2010. the context, the president was basically claiming that foreign operatives were pouring in the noprofit sector and getting themselves involved in the u.s. election system. what do you...
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Jan 27, 2013
01/13
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taxpayers realize that government unions lobby for more spend more tax hikes and meaning property taxes go up. why? to pay for the benefits . taxpayers are saying wait a second, we get it . the union members understand the back lash, too. >> bill, your back shot was hard to digest, but there are so many overseas jobs that used to go to unimembers here. is there any way unions can bring those jobs back to china back home. >> yes, manufacturing jobs are coming back to north america because china is coming back. i disagree that the unions are on the defensive when it comes to government. they own government. >> one place it is growing is public sector. >> ebe mac touched on the reason why. government doesn't compete. they raise taxes. private sector where business is up to compete on the price of the product. unions make companies less competitive. >> what does it say about unions. they used to represent . people were proud to put the union label on the product. is that still true, steve? >> no, all you have to do is lookk at detroit and the legacy and companies that went in to right to wo
taxpayers realize that government unions lobby for more spend more tax hikes and meaning property taxes go up. why? to pay for the benefits . taxpayers are saying wait a second, we get it . the union members understand the back lash, too. >> bill, your back shot was hard to digest, but there are so many overseas jobs that used to go to unimembers here. is there any way unions can bring those jobs back to china back home. >> yes, manufacturing jobs are coming back to north america...
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Mar 24, 2013
03/13
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there is a payroll tax of .9%, investment tax of 3.8%, excise tax of 2.3%, 159 rules to spell out how that tax applies. can you imagine how this is going to northbound this is a nightmare. this is so the federal government can hire millions of people to make this legislation possible. it's idiotic. they should break it and start all over. >> 2200 pages turned into 20,000 so far. i remember when president clinton saiddy not have sex with that woman. president obama setd this will not add a single dime to the deficit. >> look, it's going to bring down health care costs. it's amazing people hate so much something that has barely taken effect. most hasn't gone into effect. the american people when asked about the specific provisions in the affordable care act like it. they like tax credits for small businesses to pay for insurance, they like closing the medicare donut hole, they like kids staying on insurance. 80% of people like those and less than 50% know they are in the bill. so stop smearing the bill to tell people what's really in it. >> talk about why this didn't kick in. we had to
there is a payroll tax of .9%, investment tax of 3.8%, excise tax of 2.3%, 159 rules to spell out how that tax applies. can you imagine how this is going to northbound this is a nightmare. this is so the federal government can hire millions of people to make this legislation possible. it's idiotic. they should break it and start all over. >> 2200 pages turned into 20,000 so far. i remember when president clinton saiddy not have sex with that woman. president obama setd this will not add a...
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May 19, 2013
05/13
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some republicans are calling to scrap the agency and it' its mae tax code and bring on flat tax instead. is that the best way to prevent this mess from happening again, and get our economy booming again? hi, everybody, i'm brenda buttner. this is bulls and bears. let's get right to it. we've got gary b. smith, tobin smith, and steve murphy. welcome to everybody. so gary b., shut down the irs as we know it and replace it with a flat tax? what do you say? >> absolutely, brenda. this would be the most positive thing wve seen for is economy. i think since the iernet.
some republicans are calling to scrap the agency and it' its mae tax code and bring on flat tax instead. is that the best way to prevent this mess from happening again, and get our economy booming again? hi, everybody, i'm brenda buttner. this is bulls and bears. let's get right to it. we've got gary b. smith, tobin smith, and steve murphy. welcome to everybody. so gary b., shut down the irs as we know it and replace it with a flat tax? what do you say? >> absolutely, brenda. this would...
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Jun 27, 2013
06/13
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so it can be mixed up with the deral tax dollars. why's that a big no-no? >> you cannot know wther the government money was ud for the purpose that it was dedicated to. if you don't have that mey in a separate account to trk it, there iso way to know. it coulde used for any appropriate person that you can imagine. gerri: what they are saying about t the charity is astonishing. what is intesting is that this is a security that the president has gone behind. they provide one-on-one mentoring relationships for low income kids and they really try to bring people along who are living in a situation that is not ideal to their growth. ultimately, what they want too is good. but they have totally messed up and what shouldave in your? >> you're talking about kids and military families, so forth, what should happen here is that those basic things should be put into place. they need to gethe financial stuffn place or they have to put the controls in place. i thinthat they are going to have to this publicly. the public should see exactly what corrective action they sho
so it can be mixed up with the deral tax dollars. why's that a big no-no? >> you cannot know wther the government money was ud for the purpose that it was dedicated to. if you don't have that mey in a separate account to trk it, there iso way to know. it coulde used for any appropriate person that you can imagine. gerri: what they are saying about t the charity is astonishing. what is intesting is that this is a security that the president has gone behind. they provide one-on-one...
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Aug 25, 2013
08/13
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we have a cillac tax. 40% tax. hidden fees and regulations. i don't think ups is different than the dardin restaurants or cities around the country, all going to play a jigsaw puzzle. >> steve, the president said keep the plan you are in. and said the cost are not going up. but costs are going up 20% since 2010 for health insurance premiums, steve. >> yeah, the only thing advocate can say, the costs are going up less than it has in the past. we have had periods before we brought in the managed care for example, where there was a period they didn't go sky roberting each year. the whole system comes in and kicks in and up they go. the only way to keep costs down with the current system is denying care. rationing. that is what we don't want. why not free enterprise instead of more government domination? >> john, we see ireasingly in the fed beige book, the companies reporting back to different districts, companies are sayingten federal reserve is companies tell us we may drop coverage. what do you make of that? >> i just think with the ups and th
we have a cillac tax. 40% tax. hidden fees and regulations. i don't think ups is different than the dardin restaurants or cities around the country, all going to play a jigsaw puzzle. >> steve, the president said keep the plan you are in. and said the cost are not going up. but costs are going up 20% since 2010 for health insurance premiums, steve. >> yeah, the only thing advocate can say, the costs are going up less than it has in the past. we have had periods before we brought in...
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Jul 13, 2013
07/13
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you have to file taxes, it takes a phd. charles: i do one sheet. >> was it the fact that they have all these tax dollars because she forgot to file that should put good will the nation's? ag guarantee these are six figures in most cases are much more than anything if they ever actually collected from people. charles: here we are in this era of sequester, shared sacrifice, government actually trying to do what people watching the show ha had to do for the last five years, tighten the belt and go without and maybe lose a house committee lose a job. this is outrageous. no matter what side of the political aisle, you should be upset. >> and in the wake of all this serious economists are sguine need to dramatically overhaul the tax system. this is just the nature of the beast. people are doling out money that is not theirs. they don't do it in the same way we would if it is years. when you have government workers giving other government workers bonuses the more generous with it. that's why you see economists say we need a simple
you have to file taxes, it takes a phd. charles: i do one sheet. >> was it the fact that they have all these tax dollars because she forgot to file that should put good will the nation's? ag guarantee these are six figures in most cases are much more than anything if they ever actually collected from people. charles: here we are in this era of sequester, shared sacrifice, government actually trying to do what people watching the show ha had to do for the last five years, tighten the belt...
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cost of health care is a tax but also 28 different taxes. gerri: there are others in the actual law for sure. >> obamacare is a net drag on economic activity if you have so many small businesses trying to find ways to hit the or avoid the 50 employee threshold is the invisible tax costing us jobs. gerri: the blue state's leading will they pay the piper? what will happen tonight? >> watch colorado. it could be close it is interesting to see people who just legalized marijuana want to tax it back into prohibition. we will see the governor of new jersey refused to raise taxes will be reelected. the republican candidate in virginia who follows a republican governor who raised taxes the biggest in history may pay a penalty for his predecessor's. gerri: there is a lot going on in that race. thank you for coming on tonight. we appreciate your time. war to come including a major insurance company for canceling policies for obama forces to change his message it changes every day a little bit different about keeping your insurance plan. so ally bank h
cost of health care is a tax but also 28 different taxes. gerri: there are others in the actual law for sure. >> obamacare is a net drag on economic activity if you have so many small businesses trying to find ways to hit the or avoid the 50 employee threshold is the invisible tax costing us jobs. gerri: the blue state's leading will they pay the piper? what will happen tonight? >> watch colorado. it could be close it is interesting to see people who just legalized marijuana want to...
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135
Jan 27, 2013
01/13
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high taxes, taxings are forced. high taxes prompt an exodus whether tiger woods or going back to the uk in the 70s, the rolling stonings. if you work and don't get to keep the product of your labor. you are a slave. california is more than 60 percent of the way there. >> wayne, you are in california. when are lawmakers going to get the message enough is enough? >> it is not a question of them getting the message. it is a question of spending. you have to cut spending in order to do this. you can't just meet this with taxes. california has a bigger problem because it is so flush so long and done so well for so long and five cities that are filing for bankruptcy and worry about the bonds there and all kinds of thingings. but this is a tax, the state income tax like the federal income tax is a tax on production and productivity. for example the state of nebraska, governor hideleman is substituting his sales tax for a for an income tax and makes himself more competitive by doing so. >> don't we have enough tax revenue.
high taxes, taxings are forced. high taxes prompt an exodus whether tiger woods or going back to the uk in the 70s, the rolling stonings. if you work and don't get to keep the product of your labor. you are a slave. california is more than 60 percent of the way there. >> wayne, you are in california. when are lawmakers going to get the message enough is enough? >> it is not a question of them getting the message. it is a question of spending. you have to cut spending in order to do...
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Jun 13, 2013
06/13
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well, part of your tax return. will the address below to access your electronic medical records as part of your tax return? remember, they have to basically enforce the mandate taxman the mandate taxes essentially assessed against your household income, not your paycheck. your entire household income, so everyone in your house. how much in the way of medical records and they get that? they have to now ddtermine whether you have affordable adequate public -- coverage. this is a serious issue that have not seen resolution yet coming of washington d.c. i tell you, the address -- i'm not saying and defend the address. i have to handle medicare and social security perry now that treasury as he is saying that health plan, the health reform is the largest set of tax changes in the history of this country. gerri: it may hire 15,000 people to do this? >> 4500 individuals to help enact the law. but they already make this invoice in the tax law. we can imagine what will happen trying to enforce outperform. gerri: i cannot ima
well, part of your tax return. will the address below to access your electronic medical records as part of your tax return? remember, they have to basically enforce the mandate taxman the mandate taxes essentially assessed against your household income, not your paycheck. your entire household income, so everyone in your house. how much in the way of medical records and they get that? they have to now ddtermine whether you have affordable adequate public -- coverage. this is a serious issue...